121 N Common
$999,000
14
Beds
3/3
Baths
6,000
Sqft
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$999,000
14
Beds
3/3
Baths
6,000
Living Area
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Property Description
Large multi family/ rooming house in a prime location. 14 Bedrooms, 3 full bathrooms, 3 + half bathrooms and other large living areas including kitchen with updated cabinets and granite counters, hardwood floors. Recent updates and paint on top floor and some bathrooms. This is either a rooming house/micro units with big potential for value add or a re-development windfall at nearly 6000 sqft which could easily accommodate 6 new condos at 750sqft each with 1 car parking per unit. Elevator & sprinkler building which enhances it's development appeal. Finished lower level space adds potential for daylight walk out at garden level. High ceilings and original woodwork and character great for conversion, easy access to Western Ave, Nahant, Lynn and Revere waterfronts, walking distance to Commuter Rail, Market Basket as well as the booming Downtown Lynn district. This is an ideal next project. Contact listing agent for access.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
- Parking Spots: 6
- Property Type: 5+ Family - Rooming House
- Total Rooms: 16
- Status: Active
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Additional Details
- Basement: Full
- Flooring: Vinyl, Hardwood
- Lot Features: Corner Lot
- Roof: Slate
- Total Number of Units: 14
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Stone, Granite
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: B3
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $788,200
- Taxes: $8,166
- Tax Year: 2025
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